How to Become a Bank Manager? Check Eligibility, Exams, Salary & Career Growth
How to become a Bank Manager? Becoming a Bank Manager requires a specific skill set and education. Candidates joining as POs/Clerks can become a Bank Manager based on their performance and internal departmental exams. Read this article on how to become a Bank Manager including eligibility, exams, salary, and career growth.
How to Become a Bank Manager? The Bank Manager is responsible for the day-to-day operations of a particular bank branch. To become a Bank Manager, candidates must have a specific set of skills and education. Candidates joining as Probationary Officers/Clerks can become Bank Managers after completion of a certain tenure. For promotion to the post of Bank Manager in Public Sector Banks in India, candidates need to appear for the internal exams. The Bank Entrance exams that serve as a gateway to becoming Bank Managers are IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Assistant, IBPS SO, RBI Grade B, etc. To appear for these exams, candidates need to satisfy the eligibility criteria. The educational qualification prescribed for various bank exams is a Graduation. In this article, we have explained how to become a bank manager.
- What is the Role of Bank Manager?
- Process to Become a Bank Manager
- Skills Required to Become a Bank Manager
- Salary of Bank Managers in India
What is the Role of Bank Manager?
The role of a bank manager is given below:
- Bank Managers are responsible for various tasks of credit unions, bank branches or similar financial institutions
- They oversee operational functions and find out solutions to the operational issues
- Bank managers plan and lead the collection of accounting and financial information and prepare reports, budgets and statutory returns
- Bank managers monitor sales targets
- They promote and market the institution and its products and also ensures a high level of customer service
- Bank Managers present budget proposals to governing bodies, plan the most effective use of resources and financing of capital expenditure and perform interpretation of business performance and funding
Also Read:
| IBPS RRB (Officers Scale-I, II & III) and Office Assistant (Multipurpose) | |
| IBPS Clerk | - |
Process to Become a Bank Manager
Financial Services are the backbone of any nation. These days, the demand for bank jobs has increased. Career in banking can be made in both private and public sectors. However, the craze of youth getting a job in the government bank has increased. The process to become a bank manager is given below:
To be eligible for SBI Clerk exam, candidates should be between 20 and 28 years and have completed graduation in any discipline. Candidates who are in the final year of graduation can also apply for the exam provisionally. Relaxation in the upper age limit is given to candidates belonging to reserved categories. Candidates should check the SBI Clerk eligibility criteria before applying for the exam. The category-wise relaxation given to candidates is given below.
Category | Age relaxation (In years) |
SC/ST | 5 |
OBC | 3 |
PWD (Gen/EWS) | 10 |
PWD (SC/ST) | 15 |
PWD (OBC) | 13 |
Ex-Servicemen/ Disabled ExServicemen | The actual period of service rendered in defence services + 3 years, (8 years for Disabled Ex-Servicemen belonging to SC/ST) subjected to max age of 50 years. |
Widows, Divorced women and women judicially separated from their husbands & who are not remarried | 7 (subjected to the maximum age limit of 35 years for General/ EWS, 38 years for OBC & 40 years for SC/ST candidates) |
Candidates need to appear for SBI Clerk LPT. Here they are tested based on their ability to read, write and speak the regional languages of the states from where they have applied.
- The first and foremost requirement to become a bank manager is that candidates need to complete graduation. Candidates from any stream can become a bank manager
- Candidates need to qualify the competitive exam of Bank PO that is conducted by Institute of Banking Personnel Selection (IBPS) or State Bank of India (SBI).
- After qualifying the exam, candidates get appointed as a Probationary Officer (PO)
- As a PO, they are trained to gain some experience working in the public sector bank
- To be promoted as a bank manager, candidates have to either perform exceptionally or clear the internal promotional exams
- However, as the time passes and the experience grows, there are chances to get promoted
- Banking sector also includes various promotional opportunities and candidates can even reach the levels of Chairman and MDs
- Public Sector Banks in India offer good career opportunities to candidates
Also Read:
Skills Required to Become a Bank Manager
Following are the skills required to become a bank manager in the public sector banks in India.
| Leadership Skills |
Accountability |
| Cooperation and Collaboration |
Statistical Analysis |
| Business Management Skills |
Customer Service Skills |
Salary of Bank Managers in India
You can choose one SBI Clerk exam centre each for preliminary and Mains exams. The details regarding the exam centres are mentioned on the admit card. Candidates are allotted exam centres as per their preferences.
Yes, SBI Clerk can apply for SBI PO exam. However, to apply for SBI Clerk exam, candidates need to take permission from the employer. They are also required to provide NOC of the employer. Upon selection, candidates need to resign from the Clerical cadre post and join afresh as PO. No increment will be considered that is your clerical service won't be counted. Candidates applying for the SBI PO post, need to fulfill the eligibility criteria laid down for the exam. To apply for SBI PO, candidates need to have graduation degree from a recognised university. The age of the candidates should be between 21 and 30 years. Candidates who are in the final year of graduation can also apply subject to the condition that they need to provide the required certificate related to the educational qualification. The selection process of SBI PO comprises prelims exam, mains exam, psychometric test, group exercises and interview.
The examination authority decides category-wise SBI PO cut off marks to select candidates for the next rounds of selection process. There is no sectional cut off marks. Candifdates need to secure only the overall cut off.
Bank Manager earns an average monthly salary of INR 60,000-80,000. A bank Manager can earn up to the highest salary of INR 18.73 LPA. Besides, they are entitled to various perks and allowances. Given below is the salary of Bank Managers.
| Specialisation | Average Annual Salary (INR in Lakhs) |
|---|---|
| Banking and Finance |
5.20 |
| Risk Management |
6.23 |
| Marketing |
4.60 |
| Human Resource Management |
5.07 |
| Information Technology |
7.90 |
| Operation Management |
8.40 |

Comments
(2)
K
8 months ago
r
10 months ago
Around 5 Lakh candidates apply for the IBPS Clerk exam every year. The selection process consists of two stages prelims and Mains exams.